VanEck Launches a ‘Guided Allocation’ ETF to Navigate Muni Markets
This article was originally published on ETFTrends.com.
Expanding upon its line of Guided Allocation strategies, VanEck launched an actively managed fund-of-funds municipal bond exchange traded fund strategy to better help fixed-income investors navigate a changing market. On Thursday, VanEck rolled out the active VanEck Vectors Municipal Allocation ETF (Cboe: MAAX), which has a competitive 0.36% expense ratio. “We’re taking munis to the [...]